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Earnings Per Share
12 Months Ended
Dec. 26, 2017
Earnings Per Share  
Earnings Per Share

(11) Earnings Per Share

The share and net income per share data for all periods presented are based on the historical weighted‑average shares outstanding. The diluted earnings per share calculations show the effect of the weighted‑average RSUs outstanding and certain performance stock units ("PSUs") from our equity incentive plans as discussed in note 13.

The following table summarizes the nonvested stock that was outstanding but not included in the computation of diluted earnings per share because their inclusion would have had an anti-dilutive effect:

 

 

 

 

 

 

 

 

 

 

Fiscal Year Ended

 

 

 

2017

 

2016

 

2015

 

Nonvested stock

 

2,082

 

 2

 

1,243

 

PSUs are not included in the diluted earnings per share calculation until the performance-based criteria have been met. See note 13 for further discussion of PSUs.

The following table sets forth the calculation of earnings per share and weighted average shares outstanding (in thousands) as presented in the accompanying consolidated statements of income and comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

 

December 26,

    

December 27,

    

December 29,

 

 

 

2017

 

2016

 

2015

 

Net income attributable to Texas Roadhouse, Inc. and subsidiaries

 

$

131,526

 

$

115,598

 

$

96,894

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

70,989

 

 

70,396

 

 

70,032

 

Basic EPS

 

$

1.85

 

$

1.64

 

$

1.38

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

 

70,989

 

 

70,396

 

 

70,032

 

Dilutive effect of nonvested stock

 

 

538

 

 

656

 

 

715

 

Shares-diluted

 

 

71,527

 

 

71,052

 

 

70,747

 

Diluted EPS

 

$

1.84

 

$

1.63

 

$

1.37